SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 25, 2002
BOA
(Depositor)
(Issuer in respect of MORTGAGE PASS-THROUGH CERTIFICATES, Series 2001-5 Trust)
(Exact name of registrant as specified in charter)
North Carolina 333-56234-02 13-4186206
(State or other (Commission File No.) (I.R.S. Employer
jurisdiction of Identification No.)
organization)
101 Barclay St. 8W, New York, NY 10286
(Address of principal executive offices) (Zip Code)
Registrant's Telephone Number, including area code: 212-815-6140
Not Applicable
(Former name, former address and former fiscal year,
if changed since last report)
Item 5. Other Events
BOA
MORTGAGE PASS-THROUGH CERTIFICATES
Series 2001-5 Trust
On November 25, 2002, The Bank of New York, as Trustee for BOA, MORTGAGE
PASS-THROUGH CERTIFICATES Series 2001-5 Trust, made a monthly distribution to
Certificate holders of principal and/or interest pursuant to the Pooling and
Servicing Agreement, dated as of April 1, 2001, among BOA as Depositor, BANK OF
AMERICA MORTGAGE SECURITIES, Seller and Master Servicer and The Bank of New
York, as Trustee.
Item 7. Financial Statements and Exhibits
(c) Exhibits
Exhibit No. Description
99 Report to Holders of BOA, MORTGAGE PASS-THROUGH CERTIFICATES
Series 2001-5 Trust relating to the distribution date of
November 25, 2002 prepared by The Bank of New York, as
Trustee under the Pooling and Servicing Agreement dated as
of April 1, 2001.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Dated: November 25, 2002
BOA
By: /s/ Diane Pickett
------------------------------
Name: Diane Pickett
Vice President
The Bank of New York,
as Trustee
EXHIBIT INDEX
Exhibit
99 Monthly Remittance Statement dated November 25, 2002
Payment Date: 11/25/02
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BANK OF AMERICA MORTGAGE SECURITIES
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2001-5 Trust
Bank of America, N.A. Servicer
------------------------------------------------------------
Class Information Current Payment Information
- ----------------------------------------------------------------------------------------------------------------------------------
Beginning Pass Thru Principal Interest Total Principal Interest
Type Class Code Name Cert. Bal. Rate Dist. Amt. Dist. Amt. Dist. Losses Shortfalls
- ----------------------------------------------------------------------------------------------------------------------------------
Senior A1 19,585,858.58 6.750000% 7,258,368.72 107,751.80 7,366,120.52 0.00 2,418.65
A2 126,471.95 6.750000% 42,260.86 695.79 42,956.65 0.00 15.62
A3 44,956,402.14 6.750000% 17,502,617.63 247,328.11 17,749,945.74 0.00 5,551.65
A4 5,601,000.00 6.750000% 0.00 30,813.96 30,813.96 0.00 691.67
A5 1,000,000.00 6.750000% 0.00 5,501.51 5,501.51 0.00 123.49
A6 3,393,000.00 7.000000% 0.00 19,357.98 19,357.98 0.00 434.52
A7 2,447,000.00 7.000000% 0.00 13,960.80 13,960.80 0.00 313.37
A8 5,772,000.00 7.000000% 0.00 32,930.82 32,930.82 0.00 739.18
A9 4,796,000.00 7.000000% 0.00 27,362.47 27,362.47 0.00 614.19
A10 16,408,000.00 6.500000% 0.00 86,925.49 86,925.49 0.00 1,951.17
A11 14,638,448.75 7.000000% 4,000,796.54 83,516.30 4,084,312.84 0.00 1,874.65
A12 14,638,448.75 6.500000% 4,000,796.54 77,550.85 4,078,347.39 0.00 1,740.75
A13 7,302,569.45 6.750000% 0.00 0.00 0.00 0.00 901.79
A14 2,101,299.70 6.750000% 0.00 0.00 0.00 0.00 259.49
A15 50,000,000.00 6.750000% 0.00 275,075.51 275,075.51 0.00 6,174.49
A16 89,936.04 6.750000% 15,281.10 494.78 15,775.88 0.00 11.11
APO 124,497.56 0.000000% 7,096.37 0.00 7,096.37 0.00 0.00
Residual AR 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate B1 8,134,162.77 6.750000% 7,191.71 44,750.18 51,941.89 0.00 1,004.49
B2 3,697,973.91 6.750000% 3,269.51 20,344.44 23,613.95 0.00 456.66
B3 2,218,587.23 6.750000% 1,961.53 12,205.58 14,167.11 0.00 273.97
B4 1,232,986.50 6.750000% 1,090.13 6,783.29 7,873.42 0.00 152.26
B5 986,586.32 6.750000% 872.28 5,427.71 6,299.99 0.00 121.83
B6 985,125.38 6.750000% 2,495.40 5,419.68 7,915.08 -1,624.47 121.65
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 210,236,355.02 - 32,844,098.31 1,104,197.06 33,948,295.36 -1,624.47 25,946.66
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior A1 12,327,489.86 2,418.65
A2 84,211.08 15.62
A3 27,453,784.51 5,551.65
A4 5,601,000.00 691.67
A5 1,000,000.00 123.49
A6 3,393,000.00 434.52
A7 2,447,000.00 313.37
A8 5,772,000.00 739.18
A9 4,796,000.00 614.19
A10 16,408,000.00 1,951.17
A11 10,637,652.21 1,874.65
A12 10,637,652.21 1,740.75
A13 7,342,744.61 901.79
A14 2,112,860.03 259.49
A15 50,000,000.00 6,174.49
A16 74,654.94 11.11
APO 117,401.20 0.00
Residual AR 0.00 0.00
- --------------------------------------------------------------------------------
Subordinate B1 8,126,971.06 1,004.49
B2 3,694,704.40 456.66
B3 2,216,625.69 273.97
B4 1,231,896.38 152.26
B5 985,714.05 121.83
B6 984,254.46 121.65
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 177,445,616.67 25,946.66
- --------------------------------------------------------------------------------
Payment Date: 11/25/02
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BANK OF AMERICA MORTGAGE SECURITIES
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2001-5 Trust
Bank of America, N.A. Servicer
------------------------------------------------------------
Class Information Current Payment Information
Factors per $1,000
- ------------------------------------------------------------------------------------------------------------------------
Beginning Pass Thru CUSIP Principal Interest Ending Cert./
Type Class Code Name Cert. Bal.(Face) Rate Numbers Dist. Dist. Notional Bal.
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Senior A1 19,585,858.58 6.750000% 060506XZ0 86.575087 1.285223 147.037654
A2 126,471.95 6.750000% 060506YA4 84.521730 1.391573 168.422167
A3 44,956,402.14 6.750000% 060506YB2 87.513088 1.236641 137.268923
A4 5,601,000.00 6.750000% 060506YC0 0.000000 5.501510 1,000.000000
A5 1,000,000.00 6.750000% 060506YD8 0.000000 5.501510 1,000.000000
A6 3,393,000.00 7.000000% 060506YE6 0.000000 5.705270 1,000.000000
A7 2,447,000.00 7.000000% 060506YF3 0.000000 5.705270 1,000.000000
A8 5,772,000.00 7.000000% 060506YG1 0.000000 5.705270 1,000.000000
A9 4,796,000.00 7.000000% 060506YH9 0.000000 5.705270 1,000.000000
A10 16,408,000.00 6.500000% 060506YJ5 0.000000 5.297751 1,000.000000
A11 14,638,448.75 7.000000% 060506YK2 80.015931 1.670326 212.753044
A12 14,638,448.75 6.500000% 060506YL0 80.015931 1.551017 212.753044
A13 7,302,569.45 6.750000% 060506YM8 0.000000 0.000000 1,112.031593
A14 2,101,299.70 6.750000% 060506YN6 0.000000 0.000000 1,112.031593
A15 50,000,000.00 6.750000% 060506YP1 0.000000 5.501510 1,000.000000
A16 89,936.04 6.750000% 060506YQ9 67.916004 2.199040 331.799717
APO 124,497.56 0.000000% 060506YR7 48.863390 0.000000 808.388585
Residual AR 0.00 6.750000% 060506YS5 0.000000 0.000000 0.000000
- ------------------------------------------------------------------------------------------------------------------------
Subordinate B1 8,134,162.77 6.750000% 060506YT3 0.871405 5.422292 984.729318
B2 3,697,973.91 6.750000% 060506YU0 0.871405 5.422292 984.729318
B3 2,218,587.23 6.750000% 060506YV8 0.871405 5.422292 984.729318
B4 1,232,986.50 6.750000% 060506YW6 0.871405 5.422292 984.729318
B5 986,586.32 6.750000% 060506YX4 0.871405 5.422292 984.729318
B6 985,125.38 6.750000% 060506YY2 2.492496 5.413370 983.108958
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 210,236,355.02 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
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BANK OF AMERICA MORTGAGE SECURITIES
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2001-5 Trust
Bank of America, N.A. Servicer
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Total
-----
Prin balance 177,445,616.07 177,445,616.07
Loan count 452 452
Avg loan rate 7.480658% 7.48
Prepay amount 32,604,848.60 32,604,848.60
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FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Master serv fees 58,350.30 58,350.30
Sub servicer fees 0.00 0.00
Trustee fees 613.19 613.19
Agg advances N/A N/A
Adv this period 0.00 0.00
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LOSSES & INSURANCE COVERAGES
- --------------------------------------------------------------------------------
Total
-----
Realized losses 0.00 0.00
Cumulative losses 0.00 0.00
Coverage Amounts Total
- ---------------- -----
Bankruptcy 147,974.56 147,974.56
Fraud 0.00 0.00
Special Hazard 2,102,363.54 2,102,363.54
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 91.799032% 100.000000% 192,980,932.91
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Junior 8.200968% 0.000000% 17,240,166.03
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- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 5 2,006,606.50
60 to 89 days 2 848,281.06
90 or more 1 296,758.58
Foreclosure 0 0.00
Totals: 8 3,151,646.14
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
REO INFORMATION
- --------------------------------------------------------------------------------
REO Date Loan Number Ending Stated Balance Book Value
-------- ----------- --------------------- ----------
N/A # 0 N/A
Totals: 0 N/A
Current Total Outstanding Balance: 319,558.09
Current Total Outstanding Number of Loans: 1
- --------------------------------------------------------------------------------
OTHER INFORMATION
- --------------------------------------------------------------------------------
Amount/Withdrawal Total/Ending Bal.
----------------- -----------------
Available remittance amount 33,948,295.36 33,948,295.36
Principal remittance amount 32,844,098.31 32,844,098.31
Interest remittance amount 1,104,197.06 1,104,197.06